Royal Bank Of Canada

Research Royal Bank Of Canada (RY) on Bullrun: valuation model: 17.0% overvalued, market cap USD 265.71B, P/E 16.8, dividend yield 1.3%. Explore financials, valuation history, model signals, and stock context.

Key Metrics

TickerRY
ExchangeNYSE
CountryCanada
SectorFinancial Services
IndustryBanks-Diversified
CurrencyUSD
Valuation signal17.0% overvalued
Market capUSD 265.71B
P/E16.8
Dividend yield1.3%
Financial periodQ3 2026
RevenueCAD 18.51B
Net incomeCAD 6.02B
Free cash flowCAD 34.36B

Valuation Snapshot

Bullrun's latest valuation model marks Royal Bank Of Canada as 17.0% overvalued; latest market cap is USD 265.71B; P/E is 16.8; dividend yield is 1.3%.

Peer valuation comparison

Latest P/E is 16.77x versus a Financial Services sector median of 13.39x (25.2% above).

Latest dividend yield is 1.27% versus a Financial Services sector median of 3.66% (65.3% below).

Five-year financial history

Year	Revenue	Net income	Free cash flow	Gross margin	Diluted EPS	Cash	Total debt	Equity
FY2025	CAD 66.53B	CAD 20.36B	CAD 52.98B	n/a	12.29	CAD 87.39B	CAD 545.44B	CAD 139.09B
FY2024	CAD 57.49B	CAD 16.23B	CAD 20.86B	n/a	11.25	CAD 122.74B	CAD 463.41B	CAD 127.09B
FY2023	CAD 51.59B	CAD 14.61B	CAD 23.35B	n/a	10.32	CAD 133.08B	CAD 439.35B	CAD 115.05B
FY2022	CAD 48.78B	CAD 15.79B	CAD 19.44B	n/a	11.06	CAD 180.41B	CAD 425.18B	CAD 108.06B

Valuation history

Year	Snapshot date	Market cap	P/E	Dividend yield	Annual dividend/share
2026	2026-10-09	USD 265.71B	16.8	1.3%	2.45
2025	2025-12-31	USD 238.72B	16.9	0.7%	1.13
2024	2024-12-31	USD 170.46B	14.6	2.5%	3.07
2023	2023-12-29	USD 142.24B	13.2	3.9%	3.98
2022	2022-12-30	USD 130.02B	10.9	4.1%	3.82
2021	2021-12-31	USD 151.21B	12.1	3.2%	3.44

Dividend history

Latest trailing dividend snapshot: annual dividend/share 2.45 USD, yield 1.3%.

Year	Dividends/share
FY2025	1.13 CAD
FY2024	3.07 CAD
FY2023	3.98 CAD
FY2022	3.82 CAD

About Royal Bank Of Canada

Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions. The company's Commercial Banking segments provides lending, deposit and transaction banking products and services.

ETFs that hold Royal Bank Of Canada

Royal Bank Of Canada is one of the ten largest holdings of 41 ETFs that investors in Europe can buy. The 8 most traded of them:

ETF	Weight	TER
Xtrackers MSCI World ex USA UCITS ETF 1C USD	1.17%	0.15%
iShares MSCI World ex-USA UCITS ETF USD (Acc)	1.17%	0.15%
iSh MSCI Canada USD A	9.53%	0.48%
Xtrackers MSCI World Financials UCITS ETF 1C	2.03%	0.25%
UBS MSCI Canada UCITS ETF CAD dis	9.54%	0.33%
UBS MSCI World ex USA USD I-A3 acc	1.16%	0.09%
HSBC MSCI Canada UCITS ETF	9.13%	0.35%
Xtrackers MSCI Canada Screened UCITS ETF 1C	9.82%	0.35%

Related stock research

Canada stocks Canada Financial Services stocks A-Z stock index

Other Financial Services stocks

Bank of Montreal (BMO) Canadian Imperial Bank Of Commerce (CM) Toronto Dominion Bank (TD) AAJ Capital 3 Corp. (AAAJ-P) First Tidal Acquisition Corp. (AAA-P) Aberdeen International Inc. (AAB) Atlas One Capital Corporation (ACAP-P) Accord Financial Corp. (ACD) Adagio 2 Capital Inc. (ADAD-P) Alaris Equity Partners Income Trust (AD-UN) Automotive Finco Corp (AFCC-H) AIM5 Ventures Inc (AIME-P)

Frequently asked questions

Is Royal Bank Of Canada overvalued or undervalued?

Bullrun's valuation model currently marks Royal Bank Of Canada as 17.0% overvalued.

What is Royal Bank Of Canada's market cap?

Royal Bank Of Canada's market capitalization is USD 265.71B.

What is Royal Bank Of Canada's P/E ratio?

Royal Bank Of Canada's price-to-earnings (P/E) ratio is 16.8.

Does Royal Bank Of Canada pay a dividend?

Royal Bank Of Canada has a dividend yield of 1.3%.